Iraq raises its holdings of US bonds by nearly a billion dollars
Iraq raises its holdings of US bonds by nearly a billion dollars
2022-01-19 23:23
Shafaq News/ The US Treasury announced, on Wednesday, that Iraq’s holdings of US bonds increased by nearly one billion dollars during the month of last November.
The Treasury said in a table seen by Shafak News Agency, “Iraq’s possession of US Treasury bonds for the month of November increased by 874 million dollars, or 4.29%, to reach 21.238 billion dollars, after it was 20.364 billion dollars last October, indicating that” this Bonds also rose from the same month last year 2020, when Iraq’s holdings of bonds amounted to $19.8 billion.
She added that “Iraqi bonds, including long-term guarantees amounting to 9.088 billion dollars and short-term guarantees amounting to 12.150 billion dollars,” noting that these bonds represent 0.3% of the world’s bonds.
In the Arab world, Saudi Arabia comes at the forefront of the most possessing countries, with an amount of 115.2 billion dollars, followed by the UAE with 48.83 billion dollars, Kuwait third with 45 billion dollars, then Iraq fourth, Oman fifth with 5.4 billion dollars, then Morocco with 3.7 billion dollars.
She pointed out that “the most countries in possession of US bonds are Japan, with a value of 1.340 trillion dollars, followed by China, with 1.080 trillion dollars, followed by Britain, with 621 billion dollars, and then Luxembourg with 334 billion dollars.”
shafaq.com
